It wasn’t perhaps what it could have been without the pandemic, but the New Mexico oil auction that the Bureau of Land Management held today managed to bring in $3 million. That’s not too shabby considering the run on oil and gas bankruptcies in the U.S. shale patch. The average price per acre that the BLM received from the auction this go around was $403 - a far cry from the $4500+ per acre that it has taken in on average during President Trump’s time in office, according to Reuters. Part of the lack of interest, on top of oil…
